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In October 2020, Spain had about * percent of tech job postings per * job postings for tech jobs. This was the highest share amongst all European countries considered by the source. Overall, the relative share of tech jobs in Spain and Portugal is higher than in other European countries.

Factors making locations attractive for global tech companies

Some of the reasons behind the high share of tech job postings in Spain and Portugal are high standards of living, good universities, and an attractive immigration policy. Further, the time zone and direct flights to San Francisco weigh in as important geographical and logistical aspects. These are important factors influencing global tech companies’ decisions to open branch offices or relocate, which is demonstrated by Portugal succeeding in attracting the global tech company Cloudflare to open a local office in 2019.

The struggle to recruit tech talent

Besides striving to attract tech companies, the struggle to recruit tech talent is also pervasive. A recent survey of human resource professionals indicates that recruiting DevOps is particularly challenging. This is in part because technology’s increasing complexity demands the creation of new practices and job positions to keep up with the latest developments. For this reason, organizations continuously plan to increase their investments in upskilling or re-skilling their employees to overcome this issue.